A new liquid staking token, Haedal Protocol (HAEDAL), is making its way to Binance's spot market this week, accompanied by an airdrop targeting loyal BNB holders.
The token, built on the Sui blockchain, is part of Binance’s broader strategy to reward long-term participants through its HODLer Airdrops program.
Users who had BNB staked through Simple Earn or On-Chain Yield products during a four-day eligibility window earlier in May are now set to receive a portion of 30 million HAEDAL tokens directly in their spot wallets.
Trading for HAEDAL will officially begin on May 21 at 18:00 UTC, paired with major stablecoins and regional currencies.
Deposits open two hours before launch. Initially marked with a Seed Tag, HAEDAL will exit the Binance Alpha Market once live spot trading begins, rendering Alpha Points inapplicable to future trades.
The token will debut with 195 million tokens in circulation, representing 19.5% of its total 1 billion supply. No listing fee has been charged. Binance has also announced a detailed research report on the project, expected within 48 hours of the listing news.
A new milestone in cryptocurrency investment products is set to unfold this Wednesday, as REX Shares prepares to launch the first-ever U.S.-listed staked crypto exchange-traded fund (ETF), according to a company announcement shared on X.
XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]
A community-driven initiative launched Monday is inviting Ethereum users to lock art, memories, and personal messages inside a decentralized “time capsule,” set to be opened on the network’s 11th anniversary next year.
A new CryptoQuant report highlights a growing divergence between long-term Ethereum holders and short-term Bitcoin buyers, with significant accumulation behavior unfolding in both markets amid increasing political and economic tension in the U.S.